Monthly Archives: March 2017

Southern Nevada Home Prices and Sales Rise in February


The Greater Las Vegas Association of REALTORS® (GLVAR) reported Tuesday that Southern Nevada home prices and sales continued to increase despite a shrinking housing supply. According to GLVAR, the median price of existing single-family homes sold during February through its Multiple Listing Service (MLS) increased to $240,000, up 0.8 percent from January and up 8.9… Read more »

Most Las Vegas Tourism Indicators Trending Up in January


The January Executive Summary of Tourism Indicators is out from the Las Vegas Convention and Visitors Authority (LVCVA). Most of the stats are trending up on a year-over-year basis: Visitor volume is up 1.1% Traffic at McCarran International Airport is up 3.5% Clark County gaming revenue is up 14.3% Room rates are up 3.7% and… Read more »

Nevada Among 4 States with Gross Receipts Tax


The latest analysis by the Tax Foundation is out, comparing rates across the 44 states that have a corporate income tax. However, Nevada is gray on the map, because along with Ohio, Texas, and Washington, we instead levy a gross receipts tax (which we call the Commerce Tax). While there are some deductions, the structures and… Read more »